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RAIT Financial Trust Message Board

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  • mario_luis_gomes mario_luis_gomes Mar 10, 2008 11:45 AM Flag

    Still time to catch the AFN express...

    After several months of making money with it from trading between $7 to $9.50, I lost it all when I sold at $6.58.

    I Changed my mind after reading RAS latest quaterly report. I was very upset after seeing that Ras management gave themselfs at stock based compensation of 10 million bucks. Besides this, AFN makes a profit when subtracting income from expenses... Ras makes a loss. Then I figure AFN at $2 has much better chance of getting back above $3 so I when in at $2.10 with 12.000 shares.

3.07-0.120(-3.76%)Jun 24 4:05 PMEDT